Yes, the video quality is indeed excellent. There are a few shots that look a little dodgy, with grain in them, but its well worth it.
Jurassic Park has never looked better. The scene in which the Rex breaks through the electrified fence between the two SUVs looks gorgeous in 1080p. The level of detail is great as well. For example, the beads of sweat on Muldoon's head right before he's about to be killed are superb to look at. Well worth an upgrade.